All into Account: Strait Risk to Market Risk: V-Shaped Rebound, Narrow Runway

In this episode, Joyce Chang, Chair of Global Research, joins Petya Koeva Brooks (IMF) and Ayhan Kose (World Bank) to discuss their midyear outlooks that touch on competing forces—downside risks from energy security pressures, higher fiscal costs, and higher-for-longer rates vs. upside potential from AI capex investment and stronger positioning along the technology value chain. While the rebound from the Iran conflict is V-shaped and stronger than expected, confidence is increasingly reliant on market performance.

Speakers:

Joyce Chang, Chair of Global Research, J. P. Morgan

Petya Koeva Brooks, Deputy Director, International Monetary Fund

Ayhan Kose, Deputy Chief Economist of the World Bank Group and Director of the Prospects Group

This podcast was recorded on 20 July 2026. 

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